Group, 275 bi 275 bilper share. The Italian Government is reportedly ready to inject 15 billion euros into monte dei paschi giving the shares a a boost, after the ailing lender reopens its debt swap offer to investors. Lufthansa agrees to mediated talks with the german pilots union, telling investors its confident it can find a solution to the longrunning pay dispute dating back to 2012. Goldman sachs raises its Oil Price Outlook for the Second Quarter of 2017, but warns Dollar Strength could limit the nearterm upside for oil prices. With markets i up and trading this morning, its a mixed bag. We are struggling for escape velocity in either direction. Pretty much flat line on the stoxx 600. The individual indices are really not showing a great deal of conviction at this stage. The cac is flat. The ftse flat. The ftse mib in italy doing a little better, i guess, than the average here. Even so, thats a modest gain as far as europe is concerned. I suspect just a bit of pause for thought a
Number came in a confused everyone. Julie we are still seeing troxel stocks trade lower. Eurozone, wethe get manufacturing data that was not worse than expected but only , justsmall expansion above the 50 line. In the u. S. , the number came in ahead of estimates and was not that far above 50. Nonetheless, we are seeing not a positive reaction. The nasdaq is leading in terms of gains. Its not even of one full point. The dow and the s p have been lower intermittently. The dow is the laggard just like yesterday. The s p 500 over the course of zigzag,had a kind of almost going positive at one point midmorning before dropping back down. June has not been a very favorable month for the s p 500. This is a busy screen so focus on this column. This is the june column. The average decline in june over the past 10 years has been 1. 5 . Six of the past 10 june 7 negative. It has not been a kind month. Worstays session, the drags her in the s p 500. Apple, microsoft, General Electric are all slidi
Welcome to countdown. Im manus cranny. Fed, what they speak about drives every single market, from stocks to bonds to the dollaryen. Lets check in on the dollaryen. We have this dollar weakness on a divided fed. This do toue to thdoes the dollaryen . Are dudleys comments the more the more of today to comments of the fed meetings . Lets look at the wrist radar because there is really a pervasive theme there. And that is the federal reserve. The dollar is down for the fifth day ina row. We have not seen a run of losses like this since the end of july. Dudleys comments yesterday are perhaps, more of to up to date. Topix is down by 1 . The dollaryen is breaking the dollar level. We are seeing japanese stocks deal with the challenge and reality of a 20 rally in the yen. And the emerging market currencies, where the fed lapses or wanes in terms of what they will do. You have got the measure headed. Currencyhe em perry i index, by the way. That is your risk radar. Is standing by with the bloo
Name is now bargain hunting. What does he like and should you follow along . And meanwhile, in france at this hour, special Police Forces have descended upon a northern town where two suspects in yesterdays paris massacre may be hiding out. They, those gunmen, are still on the loose a day after murdering 12 at a satirical magazine. We will take you live to france in just a few minutes. Meantime though it is a real big day on wall street and sues got it covered for us at the nyse. Hi sue. Hi ty. Indeed i do. Were back in the black. With todays monster rally, right now we are up 289 points on the trading session. Bob pisani come on in here. You know i was saying earlier, nobody really saw the velocity with which this market went down and then went back up. So there are people who are the wrong side of this rally. Nobodys making money right now. I think thats a major problem. Weve had a series of vshaped rallies in the past few months and its been tough to make money. This is a very power
Climate change. I mean, felt worldwide before a station in the rain forest continued. Carbon dioxide emissions have risen again. Young people all over the world are committed to climate protection. What impact will they have . Because change doesnt happen on its own. Make up your own mind. D. W. Late for mines. Ah. This week on weld stories, clemency for x, terrorist and indonesia, jackals attacking, croatian islands. We began in ukraine where soldiers are gradually preparing for winter after the army successful offensive and hoping to gain even more terrain. They are digging in. The soldiers have only recently moved forward to the new position. Now they are fortifying their defenses, repairing, retrench its been more than 3 months now since ukrainian president volume is zalinski and ice cubes counter offensive in the south law. But we are constantly trying to drive the enemy from bad positions with these attempts have been successful. God and we are moving forward. We now have new pos